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Sep 25, 2012
09/12
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the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they say romney, only within the margin of error, which is 3.5%, plus or minus on this poll. take a look at the next series of charts. romney wins hands down on who will be better to invest for you. who do you want to coach your favorite team and who would you want to hang out with? about five to two americans pick obama. that may be part of the reason for obama's support here. another fascinating issue here is obama looks to have neutralized what would normally be a republican edge on the issue of taxes. who will increase your taxes? 45% of the public says obama. 42% say romney. you can see the reverse here on income groups. poorer people think that obama will not raise their taxes. they think romney will. the reverse when it comes to wealthier people. this is interesting. one other thing i want to show you is change in racial support. latinos, compared to our june survey, more support for ob
the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they say romney, only within the margin of error, which is 3.5%, plus or minus on this poll. take a look at the next series of charts. romney wins hands down on who will be better to invest for you. who do you want to coach your favorite team and who would you want to hang out with? about five to two americans pick obama....
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Oct 3, 2012
10/12
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CNBC
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that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration isn't doing it, if it's that obvious these jobs can be created soon? >> well, it's unfortunate because i think their limitations on the industry is driven by, in my view, extreme ideology. it's driven by an irresponsible view that we can switch from one energy form to the other overnight. somehow, we can take the 62% of our energy in the u.s., which happens to be oil and natural gas, and just flip a switch and turn that to wind mills or solar panels. all energy forms are important to us, but the reality is it took us 100 years in the united states to get off wood as our primary form of energy. w
that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration...
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Sep 25, 2012
09/12
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CNBC
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inherited a budget deficit of $27 billion. we've whittled that thing down. we're almost at balance. to get over the finish line, we need more income. that can come from the highest income earnings and one penny on a $4 purchase. that's the small sales tax. what's good about this, people get to choose. they can say no to those taxes, then we've got to cut. you can't take blood out of a turnip, as they say. we need the revenue to put into the schools or else. the people say no, i get it, and we'll manage austerity and we'll do it the best way we can. >> last question. so you say that gets us over the finish line, but doesn't the whole system need to be fixed in california with costs rising that got us here in the first place? >> oh yeah. that's why we have pension reform. we just had a dramatic change in reform in our workers compensation, and yeah, there's plenty. you find a lot of people in businesses, in churches, in universities and schools. they got flaws. and guess what, government's got some flaws. so the problems are never fully solved. got to keep at it. i've been at this bus
inherited a budget deficit of $27 billion. we've whittled that thing down. we're almost at balance. to get over the finish line, we need more income. that can come from the highest income earnings and one penny on a $4 purchase. that's the small sales tax. what's good about this, people get to choose. they can say no to those taxes, then we've got to cut. you can't take blood out of a turnip, as they say. we need the revenue to put into the schools or else. the people say no, i get it, and...
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Sep 27, 2012
09/12
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KRCB
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unveiled its 2013 budget, promising more big budget cuts as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car. earlier at the forum, it was a different story. calm, cool and collected, monti stayed carefully on message. he made it clear italy is better off as part of the european union. >> the euro brought to italy a single currency, shared with all the others, that is very important economically. >> reporter: monti also emphasized the benefits of the common currency for other member countries, like germany. >> thanks to the euro, germany was able and is able to have a huge european market free from the risk of competitive devaluations. >> reporter: euro-zone worries have roared back this week, thanks to violent demonstr
unveiled its 2013 budget, promising more big budget cuts as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car....
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Sep 27, 2012
09/12
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FBC
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oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a short-term fix? >> all of our investors are self-directed making their own directions, bu but i'm not envisioning a scenario where we will see a drop some of your previous guests have mentioned. if we were to see that, we would have seen it with the vix. ashley: was the biggest trend you're seeing with investors right now? >> i think one of the trend is we are seeing in our world, a secular trend across industry, people keep talking about declining equity volumes and declining since 2008 but what they are missing is the derivatives volume
oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a...
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Oct 3, 2012
10/12
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KTVU
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lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according to the country's prime minister, who told reporters yesterday that plans to request a bailout are not set in s
lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400...
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Sep 26, 2012
09/12
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CNBC
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we know it's going to have a lot of deficits. >> what happened last week when the german high court made their decision in everyone thought, this is great. now the ecb can do what they need to do. everything's going to be good. that's not the way it is at all. >> i want to tell the ceo of i-cap is making it happen. they will ask for help, won't they? those conditions are being negotiated right now. >> at some point they have to. it's still that delay, that uncertainty. we've also had a very nice run here. we're over 20% above where we were a year ago. it's not natural to have these low pull backs from time to time. >> this 3% full back from 1475 to now is like a 3% pull back. not the end of the world, but certainly something the market needs to do in order to test the support. >> you told us in the last segment that your asset allocation broadly speaking is about 61% stocks, 39% bonds. the bonds scene is something of a safe haven play here. what about those who feel that the tremendous low yields we're seeing means we're in something of a bubble? artificial bubble, maybe, forced by the f
we know it's going to have a lot of deficits. >> what happened last week when the german high court made their decision in everyone thought, this is great. now the ecb can do what they need to do. everything's going to be good. that's not the way it is at all. >> i want to tell the ceo of i-cap is making it happen. they will ask for help, won't they? those conditions are being negotiated right now. >> at some point they have to. it's still that delay, that uncertainty. we've...
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budget deficit. douglas you're going to text a living be jesus out of the middle class and that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so of course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the beach toys for the rest of the year. and and that's the challenge that you have is that trying to use tax policy as a means of addressing overspending does not work and yet we have drivers of spending in this country specifically health care which is turf following monopoly protections built all throughout the system all of which wind up costing us ridiculous about somebody and then defense which we spend a crazy amount of money on in no small part because we have had our head in the sand for thirty five years
budget deficit. douglas you're going to text a living be jesus out of the middle class and that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so of course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the...
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debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass let alone sound money we'll hear from blogger author and radio host karl denninger of the marketing are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting name and the rest of us died what exactly does this entailed break down the potential damage and word of the day and give you a glaring example of the wasteful costs of political uncertainty all ready documented plus we have a potpourri of manufacturing data out some points to opposite directions for the u.s. and of flu as it points to negative. outcomes in europe our guest will help us make sense of these ingredients and tell us why he thinks the u.s. recession is already baked into the cake let's get to today's capital account. so income obama and challenger mitt romney are getting r
debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass let alone sound money we'll hear from blogger author and radio host karl denninger of the marketing are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff....
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Sep 28, 2012
09/12
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KICU
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convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new service called gift. memo park company launched gift with select vendors today. new users will be able to click on ipod and send a friend a gift card, chocolates or other real-life presents. it'll also remind you about events such as birthdays or weddings. >>> a week-long celebration will culminate in san francisco tomorrow night. david stevenson tells us how thousands of cyclists are set to take over the streets. >> critical mass cyclists are rolling in san francisco from around the country and around the world to celebrate the movement's 20th anniversary in its home city. >> when it fir
convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new...
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Oct 1, 2012
10/12
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CNBC
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because it will sort of focus our priorities, getting the country's debt and deficit under control. what do you think about that? >> well, sequestration cuts the good along with the bad. not everything government does is wasteful. not everything government does is good. go after the wasteful first, go after the policies which we know don't achieve the goals they were set out to meet. we don't think sequestration -- sequestration was set up as a threat, such a horrible threat that it would force congress to act and hasn't forced congress to act yet. we hope it will in the lame duck, that they'll take thoughtful steps by going after wasteful programs first. >> you're right. it hasn't gotten them to act yet. ryan, good to talk to you. thanks so much. >> thanks so much for having us. >> see you soon. "fast money" begins at the top of the hour. >>> our traders give you the top picks for the fourth quarter. then we'll have all the headlines coming from the value investing congress. our traders will give you the trade. we'll also have the founder of 13 d monitor tell you how you could inve
because it will sort of focus our priorities, getting the country's debt and deficit under control. what do you think about that? >> well, sequestration cuts the good along with the bad. not everything government does is wasteful. not everything government does is good. go after the wasteful first, go after the policies which we know don't achieve the goals they were set out to meet. we don't think sequestration -- sequestration was set up as a threat, such a horrible threat that it would...
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Sep 27, 2012
09/12
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FBC
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narrowing the trade deficit and keeping manufacturing at home. the ceo of export now is telling us how his company is making it easier than ever for u.s. businesses to sell their products in china. >>> mitt romney's energy plan for drilling and mining on public lands will create millions of jobs and bring millions for state revenue. so who should be in control, the state or the feds? we'll be discussing that, coming up next. ♪ . i know the name of eight princesses. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle...
narrowing the trade deficit and keeping manufacturing at home. the ceo of export now is telling us how his company is making it easier than ever for u.s. businesses to sell their products in china. >>> mitt romney's energy plan for drilling and mining on public lands will create millions of jobs and bring millions for state revenue. so who should be in control, the state or the feds? we'll be discussing that, coming up next. ♪ . i know the name of eight princesses. i'm an expert on...
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Sep 30, 2012
09/12
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WBAL
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one thing that both sides could agree on today is the pace of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we are facing the fiscal cliff. nothing will be resolved before november. i believe political forces after the november election will push both sides to a compromise. the one tax that will come down is the uncertainty tax. the uncertainty of washington politics will be positive for the u.s. economy. >> that's true. companies have been in lockdown mode. they don't want to make a decision with uncertainty out there. >> it is infuriating. >> it is. >> watching washington not understand the incredible drag they put on the u.s. economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would b
one thing that both sides could agree on today is the pace of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we are facing the fiscal cliff. nothing will be resolved before november. i believe political forces after the november election will push both sides to a compromise. the one tax that will come down is the uncertainty tax. the uncertainty of washington politics will be positive for the u.s. economy. >> that's true....
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or deficits. public debt you cannot really overcome the question we are in we have heidi indebted. countries in your area as we have to make sure that all the countries to seventeen covers belong to us. at the same direction we have to impose you know a compulsory way but are to disappear the reason the alternative to the consolidation and the. exactly what we are doing but the problem we are facing is not only the public finances book the problem we are facing is a problem of large. broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the states. kerry. as the pre
or deficits. public debt you cannot really overcome the question we are in we have heidi indebted. countries in your area as we have to make sure that all the countries to seventeen covers belong to us. at the same direction we have to impose you know a compulsory way but are to disappear the reason the alternative to the consolidation and the. exactly what we are doing but the problem we are facing is not only the public finances book the problem we are facing is a problem of large. broadening...
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Sep 30, 2012
09/12
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CNBC
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one thing both sides could agree on actually today is the face of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we're facing the fiscal cliff. nothing will get resolved before november, but i believe political forces after the november election will push both sides to a compromise. i do think we'll see a compromise. you know, the one tax that's got to come down next year is the uncertainty tax, the uncertainty about washington policy will be reduced over the next six months and be a positive for the u.s. economy. >> it's true, because companies have been in lockdown mode. they don't want to make decision with this uncertainty out there. >> it's so infuriating watching -- >> it is. >> -- washington not understand the incredible drag they put on the u.s. economy by simply not making a decision on these basic -- you know, american business is very good at making money if you tell them the rules of the game but it's like playing -- you're playing the first half of the game but don't know what the rules ar
one thing both sides could agree on actually today is the face of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we're facing the fiscal cliff. nothing will get resolved before november, but i believe political forces after the november election will push both sides to a compromise. i do think we'll see a compromise. you know, the one tax that's got to come down next year is the uncertainty tax, the uncertainty about washington...
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Sep 26, 2012
09/12
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KTVU
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. >> we face two deficits in this country. of course everybody is worried about the federal funding deficit . >> the transportation department couldn't say how much of the money would have gone to bay area project. it has not yet decided on how to divide the remaining funds . >> in san francisco, construction crews have found buried pieces of the old san francisco city hall that was destroyed during the 1906 quake. rob roth is in the city and say what they found and also why there are no plans to dig it up. >> reporter: for history buffs its like a piece of buried treasure. to get focused behind me is the current city hall. over here with the asian art museum that was the old city hall that took up a block across what's now hyde street to that february. beyond that where that dirt is that's where a piece of history was found. work crews were about to plant new trees. >> they found they kept hitting brick. >> reporter: these. they are part of the foundation of what was once san francisco's city hall. destroy bid the 1906 quake.
. >> we face two deficits in this country. of course everybody is worried about the federal funding deficit . >> the transportation department couldn't say how much of the money would have gone to bay area project. it has not yet decided on how to divide the remaining funds . >> in san francisco, construction crews have found buried pieces of the old san francisco city hall that was destroyed during the 1906 quake. rob roth is in the city and say what they found and also why...
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Sep 29, 2012
09/12
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FOXNEWS
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the thing with the car thing, we all have to pay a higher gas tax and help the deficit, and have the cars making 80 miles per hour and we're the ones driving far. >> you say you want to wave the flag for patriotism, you say there's something to it? >> yeah, sure, first of all, you've got to give the guy a nod. here is a guy that the right wing loons have been calling manchurian candidate from kenya the last four years and kind of amusing to watch him waving old glory in their faces, but i will share some, something-- >> yeah, how amusing is it to see our debt go higher? >> oh, well, i'm not sure that either of these candidates has taken anything terribly serious about the debt. i mean, at least obama is talking about raising taxes and revenue and i don't think we know what romney's plan is, he won't share any details with us. i'll tell you what though, you say everything is about cutting spending. you know, gary, europe has been cutting spending like crazy and look where europe's headed. their talk, a lot of evidence that they're in recession now, because they've been way overaggress
the thing with the car thing, we all have to pay a higher gas tax and help the deficit, and have the cars making 80 miles per hour and we're the ones driving far. >> you say you want to wave the flag for patriotism, you say there's something to it? >> yeah, sure, first of all, you've got to give the guy a nod. here is a guy that the right wing loons have been calling manchurian candidate from kenya the last four years and kind of amusing to watch him waving old glory in their faces,...
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greece is obviously a deficit country and these surplus countries i think the problem is that they're asking for certain concessions from the deficit countries like greece that go against the heart of autonomy and national self-determination and at the same time the servos countries are not willing to get into bail them out and i think the risk on risk off situation i would see in markets indicates that no one really knows how long that's going to continue but i think the markets are. convinced that it's not going to end well that it's not going to be able to go on and on now the ease increasingly looking east towards the china e.u. summit showed the team to kindle and close a friendship now what do you know thoughts on this relationship is it one that driven by mutual advantage or just desperation by the e.u. has always looked eastward in the sense that they've looked to expand their borders they've continued to move east but the last expansion hit a wall they kind of overextended themselves and i think that if anything this this recent push is an attempt to exhaust all possible opti
greece is obviously a deficit country and these surplus countries i think the problem is that they're asking for certain concessions from the deficit countries like greece that go against the heart of autonomy and national self-determination and at the same time the servos countries are not willing to get into bail them out and i think the risk on risk off situation i would see in markets indicates that no one really knows how long that's going to continue but i think the markets are. convinced...
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Sep 25, 2012
09/12
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FBC
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the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very important survey. up 236 economists across the country working at the companies like procter and gamble, dupont, wells fargo. take a look at this. the majority, three-quarters of them set health care costs will continue to rise despite health reform. he also said 60 percent found -- they found 60% fewer employees, employers will report to the provide coverage. repeal the health care law. here is the other issue that is of importance here. a lot of media headline said that, look, these economists, the majority of them to cut the deficit by a mix of tax hikes and spending cuts. you really, the headlines here, the economists were talking about closing ta
the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very important survey. up 236 economists across the country working at the companies like...
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government run a budget deficit of eight point six percent or something of g.d.p. i mean historically even for the u.k. is a mess of you know budget deficit the us is running at sort of about eight percent so i think i would put it back to larry summers that i think in both countries there's a lot of talk about you know fiscal cliff and. but right now you know the the beneficiary of very easy monetary policy and quantitative easing has been the public sector it can borrow and spend and it's still doing that there's a lot of agonizing about cutting back for school your spending but it's actually not happening so there is not much there's more talk about a stare at you than there is a stereotype there is a certain places like greece and other places but there's not a policy choice simply bankrupt and ican borrow money anymore but the countries that still have access to either the printing press of the central bank or financial markets like the u.s. and the u.k. they are spending with both hands now the other point i say so i think of but i think you're right i think
government run a budget deficit of eight point six percent or something of g.d.p. i mean historically even for the u.k. is a mess of you know budget deficit the us is running at sort of about eight percent so i think i would put it back to larry summers that i think in both countries there's a lot of talk about you know fiscal cliff and. but right now you know the the beneficiary of very easy monetary policy and quantitative easing has been the public sector it can borrow and spend and it's...
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Sep 27, 2012
09/12
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CNBC
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. >> he's concerned about iphones and budget deficits. but you see britons as something very different, somebody unlike yourself, which is not true. >> it means great charter. >> i saw that. >> all i know is corpus christi is a town in texas. i don't know what it means. habeas corpus? jon, you're a lawyer. what does habeas corpus mean? >> i don't know. >> there's a lawyer, he doesn't know. and he's not even british. how do you like that? anyhow, moving on to the next one, right? sears and darden restaurants offering cash to buy their own health plans. the company says it's not to save money. yeah, right. but do give workers more control. i always like that when they put it in there as a more controlled kind of thing. >> that's not the purpose of an employer, to give you more control. so you know at some level this is about saving money for the company. so what that means is over the long term health care costs are going to shift to employees. this is happening in a lot of big companies. they're considering -- >> here's what our yahoo.com
. >> he's concerned about iphones and budget deficits. but you see britons as something very different, somebody unlike yourself, which is not true. >> it means great charter. >> i saw that. >> all i know is corpus christi is a town in texas. i don't know what it means. habeas corpus? jon, you're a lawyer. what does habeas corpus mean? >> i don't know. >> there's a lawyer, he doesn't know. and he's not even british. how do you like that? anyhow, moving on to...
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Oct 3, 2012
10/12
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KCSM
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spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for shares in the coming months. our markets correspondent has more from frankfurt. >> the ipo is a sign of hope for many traders. they are hoping for more ipos to come. 20% of the german mobile phone operator will soon be sold on the stock market according to its parent company. of the ipo process is planned to start as early as this week. all of this is good news for people in the trading floors because ipos only work when there is a certain not of confidence on the markets. a certain amount of reliability. with all of these new players on the stock market, many people here are hoping f
spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for...
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Oct 1, 2012
10/12
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MSNBC
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including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was pa
including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers...
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Sep 27, 2012
09/12
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CNBC
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they're trying to get the deficit down to 4.5% deficit. quite frankly, that is pie in the skil according to pretty much all the analysts and the economists. and it's just a question of how much they'll miss by. because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis
they're trying to get the deficit down to 4.5% deficit. quite frankly, that is pie in the skil according to pretty much all the analysts and the economists. and it's just a question of how much they'll miss by. because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16%...
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Sep 28, 2012
09/12
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KCSMMHZ
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unveils steep tax hikes on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy was announced earlier today in berlin. >> he is the spd star right now after the two other contenders made way for him. the parliamentary leader refused to run a second time, and party leader did not think he would attract enough votes, so steinbruck is said to compete against his onetime ally angela merkel for the chancellorship. >> i accept the challenge to take the spd to victory in the next election. that is our goal. we want to oust this government. >> steinbruck says he wants to head a social democrat green coalition. he has a degree in economics and is known for pragmatism and expertise in fiscal policy. he
unveils steep tax hikes on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy...
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411
Sep 30, 2012
09/12
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CSPAN
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a bunlet deficit, but also an investment of jobs, an income deficit. people are working harder for less money than they were making ten years ago. the $16 hundred drop in the st two years. the problem with the perot prescription is that a economists that talk about it, if you cut the deficit, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a discipline over the next five years. first, et inseptemberives to inv we have to investgrowth. they have endorsed that approach because it offers the best growth to put america back to get the income rising. >> president bush. >> i disagree with mr. don't think it's fair to slap a 50 cent tax over the many years of the people that drive for a living and peop that go long distances. i don't think we need to it. i agree what talking getting the spending down and the discipline although i think we should exempt social security. he's talking tough medicine. i diith the tax and spend philosophy. i don't think we need to tax more and spend more and say that is going to make the
a bunlet deficit, but also an investment of jobs, an income deficit. people are working harder for less money than they were making ten years ago. the $16 hundred drop in the st two years. the problem with the perot prescription is that a economists that talk about it, if you cut the deficit, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a discipline over the next five years. first, et inseptemberives to inv we have to investgrowth. they have...
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there was a stunning comeback last night by the nominee go and make a hill they overturned it to no deficit and bars before claiming victory in a shootout bars had won their previous four games and must have thought the run was going to continue and constantine could end of and then he said it made it to neil inside ten minutes but the numbers powerplay has been impressive this season and defensemen maxime sort of view of paul to go back i do apologize we don't have pictures at the moment before constantine volkov tied it up midway through the second period and alexander ovechkin who is being used as a fourth attacker on the powerplay got an assist on that goal and was the first player to score in the shootout matic peel claimed a decisive goal moments later despite the defeat at bars stay top of the eastern conference while the narmer are sixth in the west football holders through been around to the russian cup they suffered a shock to one defeat to second teesside denise a who through who go through to the last sixteen but i see because of and i like the nikitin were on target in the firs
there was a stunning comeback last night by the nominee go and make a hill they overturned it to no deficit and bars before claiming victory in a shootout bars had won their previous four games and must have thought the run was going to continue and constantine could end of and then he said it made it to neil inside ten minutes but the numbers powerplay has been impressive this season and defensemen maxime sort of view of paul to go back i do apologize we don't have pictures at the moment...
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and hockey star can help in the last go over to the next to go deficit to beat out and make a. first russian football chiefs are deciding what action to take after a cup game was abandoned because the fans bad behavior scuffles broke out between the normal moscow and told peter supporters before their team's russia cup fifth round tie twenty people were arrested outside this crowd sourced stadium and the match was then abandoned after fifteen minutes when flares were thrown on to the page with denominating to one thirty six fans were arrested inside the ground the russian football union disciplinary committee is currently meeting with police to decide what action today to take the game could be replayed and the clubs find out . what another going to hold is through being suffered a shock to wonder think to minimize any say who'd go through to the last sixteen premier league he just he has got moscow avoided an upset with a narrow one there win over tom locomotive his free pass to man to pay the armada beer while mordovia got the better reserves and practiced back on their three
and hockey star can help in the last go over to the next to go deficit to beat out and make a. first russian football chiefs are deciding what action to take after a cup game was abandoned because the fans bad behavior scuffles broke out between the normal moscow and told peter supporters before their team's russia cup fifth round tie twenty people were arrested outside this crowd sourced stadium and the match was then abandoned after fifteen minutes when flares were thrown on to the page with...
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Sep 26, 2012
09/12
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FBC
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and it would also help close the budget deficit. melissa: that is genius. has anyone talked about seriously doing this you think? >> people are gradually getting. i live in colorado but i spent some time in washington and i've been needling people about this for a year saying as we talk about the budget deficit after the election this, is one of the contributions. given all the increase in production from the bakken, from eagle shale and so on, we don't need so much. we need all the sources. also the u.s. government for 40 years or so, maybe 60 has been selling off strategic stocks it doesn't need. sold off the tin strategic stock. sold off helium strategic stock. this serve as purpose after the --. melissa: phil, love it. it is a interesting and provocative idea. you have to come back on and tell me if you hear it getting any traction. >> i will keep in touch. it is a lot of fun, thank you. melissa: thank you so much of. >> bye. melissa: all right, iranian president mahmoud ahmadinejad speaking at the u.n. today. his words and timing are causing controvers
and it would also help close the budget deficit. melissa: that is genius. has anyone talked about seriously doing this you think? >> people are gradually getting. i live in colorado but i spent some time in washington and i've been needling people about this for a year saying as we talk about the budget deficit after the election this, is one of the contributions. given all the increase in production from the bakken, from eagle shale and so on, we don't need so much. we need all the...
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Oct 3, 2012
10/12
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CNBC
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you mentioned that mitt romney's closed the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the national polls are coming back a little bit, some of the swing state polls are tightening, is a bit of an earn couragement for romney that he still has an opportunity for deficit with three or four points to change the dynamic in some way. he's got to hope that obama is not on his best game. you could have a scenario that like what happened in 2000 where george w. bush moved significantly without gore and ultimately became president. >> it's interesting that the poll also shows, as you mention, this 12% of swingable votes in the middle that he could potentially get a hold of. also ensuring that t
you mentioned that mitt romney's closed the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the...